{"id":2203,"date":"2026-04-29T00:22:46","date_gmt":"2026-04-28T21:22:46","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2203"},"modified":"2026-04-29T00:23:39","modified_gmt":"2026-04-28T21:23:39","slug":"enery-2026-03-faaliyet-raporu-analizi-enerya-enerji","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2203","title":{"rendered":"\ud83d\udd35 ENERY 2026-03 Faaliyet Raporu Analizi | Enerya Enerji"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd35 ENERY 2026-03 Faaliyet Raporu Analizi | Enerya Enerji\" width=\"858\" height=\"644\" src=\"https:\/\/www.youtube.com\/embed\/F5SEdnpimO0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>ENERYA ENERJ\u0130 A.\u015e. 2025 YILI FAAL\u0130YET VE STRATEJ\u0130 B\u0130LG\u0130LEND\u0130RME RAPORU<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, Enerya Enerji A.\u015e.&#8217;nin (ENERY) 01 Ocak 2025 \u2013 31 Aral\u0131k 2025 d\u00f6nemini kapsayan y\u0131ll\u0131k faaliyet raporunun kapsaml\u0131 bir sentezidir. 2025 y\u0131l\u0131, \u015firket i\u00e7in hem finansal b\u00fcy\u00fcme hem de stratejik geni\u015fleme y\u0131l\u0131 olmu\u015ftur. \u015eirket, ana i\u015f kolu olan do\u011fal gaz da\u011f\u0131t\u0131m\u0131nda abone say\u0131s\u0131n\u0131 art\u0131r\u0131rken, madencilik sekt\u00f6r\u00fcndeki varl\u0131\u011f\u0131n\u0131 alt\u0131n madeni ruhsatlar\u0131 ile g\u00fc\u00e7lendirmi\u015ftir.<\/p>\n<p><b>Kritik \u00c7\u0131kar\u0131mlar:<\/b><\/p>\n<ul>\n<li><b>Finansal Performans:<\/b> Aktif b\u00fcy\u00fckl\u00fck bir \u00f6nceki y\u0131la g\u00f6re yakla\u015f\u0131k %33 artarak 105,9 milyar TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. D\u00f6nem k\u00e2r\u0131 ise 5,5 milyar TL (g\u00fcvence bedeli de\u011ferlemesi hari\u00e7 7,46 milyar TL) olarak ger\u00e7ekle\u015fmi\u015ftir.<\/li>\n<li><b>Hisse Performans\u0131:<\/b> ENERY paylar\u0131 2025 y\u0131l\u0131 i\u00e7erisinde %132 oran\u0131nda y\u00fckseli\u015f kaydederek 86,3 milyar TL piyasa de\u011ferine ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>Stratejik Geni\u015fleme:<\/b> \u015eirketin ba\u011fl\u0131 ortakl\u0131\u011f\u0131 Ahlatc\u0131 Alt\u0131n \u0130\u015fletmeleri A.\u015e., Yozgat, Bal\u0131kesir ve K\u00fctahya illerinde toplam 12 adet IV. Grup maden ruhsat\u0131na sahip konuma gelmi\u015ftir.<\/li>\n<li><b>Sermaye Yap\u0131s\u0131:<\/b> \u015eirket sermayesi i\u00e7 kaynaklardan kar\u015f\u0131lanmak \u00fczere %6.106,90 oran\u0131nda bedelsiz art\u0131r\u0131larak 145 milyon TL&#8217;den 9 milyar TL&#8217;ye y\u00fckseltilmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Profil ve Operasyonel Yap\u0131<\/h2>\n<p>Enerya Enerji A.\u015e., T\u00fcrkiye&#8217;nin 10 b\u00f6lgesinde faaliyet g\u00f6steren 9 do\u011fal gaz da\u011f\u0131t\u0131m \u015firketinin h\u00e2kim orta\u011f\u0131d\u0131r. Ahlatc\u0131 Holding b\u00fcnyesinde yer alan \u015firket, 2024 y\u0131l\u0131nda Ahlatc\u0131 Alt\u0131n \u0130\u015fletmeleri A.\u015e.&#8217;yi b\u00fcnyesine katarak madencilik sekt\u00f6r\u00fcne giri\u015f yapm\u0131\u015ft\u0131r.<\/p>\n<h3>\u015eirketin Sermaye ve Ortakl\u0131k Yap\u0131s\u0131 (31.12.2025 itibar\u0131yla)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Orta\u011f\u0131n Unvan\u0131<\/td>\n<td>Pay Grubu<\/td>\n<td>Sermayedeki Pay\u0131 (TL)<\/td>\n<td>Oy Hakk\u0131 (%)<\/td>\n<\/tr>\n<tr>\n<td>Ahlatc\u0131 Do\u011fal Gaz Da\u011f\u0131t\u0131m Enerji ve Yat\u0131r\u0131m A.\u015e.<\/td>\n<td>A + B<\/td>\n<td>6.556.960.924,14<\/td>\n<td>84,70<\/td>\n<\/tr>\n<tr>\n<td>Ahlatc\u0131 Holding A.\u015e.<\/td>\n<td>A + B<\/td>\n<td>22.349.420,69<\/td>\n<td>0,58<\/td>\n<\/tr>\n<tr>\n<td>Halka A\u00e7\u0131k<\/td>\n<td>B<\/td>\n<td>2.420.689.655,17<\/td>\n<td>14,72<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam<\/b><\/td>\n<td>&nbsp;<\/td>\n<td><b>9.000.000.000<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><b>\u0130mtiyazlar:<\/b> (A) grubu paylar\u0131n her biri 5 oy hakk\u0131na sahipken, (B) grubu paylar 1 oy hakk\u0131na sahiptir.<\/li>\n<li><b>Personel:<\/b> 31 Aral\u0131k 2025 itibar\u0131yla toplam \u00e7al\u0131\u015fan say\u0131s\u0131 1.211&#8217;dir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Do\u011fal Gaz Da\u011f\u0131t\u0131m Faaliyetleri<\/h2>\n<p>\u015eirket; Konya, Aksaray, Ere\u011fli, Nev\u015fehir, Ni\u011fde, Denizli, Erzincan, Karaman, Antalya ve Ayd\u0131n b\u00f6lgelerinde m\u00fcnhas\u0131r do\u011fal gaz da\u011f\u0131t\u0131m hakk\u0131na sahiptir. Lisans s\u00fcreleri 2033 ile 2038 y\u0131llar\u0131 aras\u0131nda de\u011fi\u015fmektedir.<\/p>\n<h3>Operasyonel Veriler ve Altyap\u0131<\/h3>\n<ul>\n<li><b>M\u00fc\u015fteri Portf\u00f6y\u00fc:<\/b> 2.243.472 adet (2.437.070 Ba\u011f\u0131ms\u0131z B\u00f6l\u00fcm Say\u0131s\u0131 &#8211; BBS) abone bulunmaktad\u0131r. Aktif gaz kullan\u0131c\u0131 say\u0131s\u0131 1.855.066&#8217;d\u0131r.<\/li>\n<li><b>\u015eebeke Uzunlu\u011fu:<\/b> Toplam da\u011f\u0131t\u0131m hatt\u0131 24.177 kilometreye ula\u015fm\u0131\u015ft\u0131r (1.845 km \u00e7elik, 15.643 km polietilen, 6.689 km servis hatt\u0131).<\/li>\n<li><b>\u0130stasyon Envanteri:<\/b> 66 adet RMSA, 880 adet RMSB, 387 adet RMSC, 42 adet CNG ve 5 adet LNG istasyonu ile hizmet verilmektedir.<\/li>\n<li><b>Yat\u0131r\u0131mlar:<\/b> 2025 y\u0131l\u0131 i\u00e7erisinde da\u011f\u0131t\u0131m \u015firketleri taraf\u0131ndan toplam 26,67 milyar TL altyap\u0131 yat\u0131r\u0131m\u0131 ger\u00e7ekle\u015ftirilmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Madencilik Sekt\u00f6r\u00fc ve Alt\u0131n \u0130\u015fletmecili\u011fi<\/h2>\n<p>Ahlatc\u0131 Alt\u0131n \u0130\u015fletmeleri A.\u015e. arac\u0131l\u0131\u011f\u0131yla y\u00fcr\u00fct\u00fclen madencilik faaliyetlerinde 2025 y\u0131l\u0131nda \u00f6nemli e\u015fikler a\u015f\u0131lm\u0131\u015ft\u0131r.<\/p>\n<h3>Sar\u0131kaya Alt\u0131n Madeni Projesi<\/h3>\n<p>Yozgat ili Sar\u0131kaya il\u00e7esindeki 201200128 numaral\u0131 ruhsat sahas\u0131na ili\u015fkin haz\u0131rlanan UMREK Raporu verileri \u015f\u00f6yledir:<\/p>\n<ul>\n<li><b>Potansiyel Cevher K\u00fctlesi:<\/b> Yakla\u015f\u0131k 41,18 milyon ton.<\/li>\n<li><b>Ortalama Ten\u00f6r:<\/b> 0,70 g\/t.<\/li>\n<li><b>Hesaplanan Potansiyel:<\/b> Yakla\u015f\u0131k <b>927 bin ons Alt\u0131n<\/b>.<\/li>\n<li><b>Strateji Revizesi:<\/b> Alt\u0131n i\u015fletme tesisi kurulmas\u0131 karar\u0131, maliyetlerin d\u00fc\u015f\u00fcr\u00fclmesi ve s\u00fcrecin h\u0131zland\u0131r\u0131lmas\u0131 amac\u0131yla revize edilmi\u015f; cevherin b\u00f6lgedeki mevcut bir tesiste i\u015flenmesine karar verilmi\u015ftir.<\/li>\n<\/ul>\n<h3>Yeni Ruhsat \u0130ktisaplar\u0131 ve \u0130haleler<\/h3>\n<ul>\n<li><b>Bal\u0131kesir ve K\u00fctahya:<\/b> MAPEG taraf\u0131ndan d\u00fczenlenen ihaleler sonucunda Bal\u0131kesir&#8217;de 1, K\u00fctahya&#8217;da 3 adet olmak \u00fczere toplam 4 yeni IV. Grup maden ruhsat\u0131 devral\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>S\u0131nd\u0131rg\u0131 Projesi:<\/b> Eti Maden taraf\u0131ndan a\u00e7\u0131lan Bal\u0131kesir S\u0131nd\u0131rg\u0131 alt\u0131n lokal alan\u0131 r\u00f6d\u00f6vans ihalesi %30,2 r\u00f6d\u00f6vans oran\u0131 ile kazan\u0131lm\u0131\u015f ve arama s\u00f6zle\u015fmesi imzalanm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Finansal Durum Analizi<\/h2>\n<p>\u015eirketin finansal tablolar\u0131, enflasyon muhasebesi (TMS\/TFRS) ilkelerine uygun olarak haz\u0131rlanm\u0131\u015ft\u0131r.<\/p>\n<h3>Temel Finansal G\u00f6stergeler (Milyon TL)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>G\u00f6sterge<\/td>\n<td>31.12.2024<\/td>\n<td>31.12.2025<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td>Aktif B\u00fcy\u00fckl\u00fck<\/td>\n<td>79.397<\/td>\n<td>105.940<\/td>\n<td>+33,4<\/td>\n<\/tr>\n<tr>\n<td>\u00d6zkaynaklar<\/td>\n<td>43.727<\/td>\n<td>64.773<\/td>\n<td>+48,1<\/td>\n<\/tr>\n<tr>\n<td>Net Sat\u0131\u015flar<\/td>\n<td>30.760<\/td>\n<td>32.788<\/td>\n<td>+6,6<\/td>\n<\/tr>\n<tr>\n<td>D\u00f6nem K\u00e2r\u0131<\/td>\n<td>4.085<\/td>\n<td>5.535<\/td>\n<td>+35,5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>\u00d6nemli Muhasebe Notu:<\/b> 2025 y\u0131l\u0131 d\u00f6nem k\u00e2r\u0131, nakit \u00e7\u0131k\u0131\u015f\u0131 gerektirmeyen 1,92 milyar TL&#8217;lik &#8220;G\u00fcvence Bedeli Enflasyon De\u011ferleme Gideri&#8221; dahil edilerek hesaplanm\u0131\u015ft\u0131r. Bu gider hari\u00e7 tutuldu\u011funda operasyonel d\u00f6nem k\u00e2r\u0131 <b>7,46 milyar TL<\/b> seviyesindedir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. Borsa Performans\u0131 ve Sermaye Piyasas\u0131 Faaliyetleri<\/h2>\n<h3>Hisse Senedi (ENERY) Performans\u0131<\/h3>\n<ul>\n<li><b>2025 Getirisi:<\/b> 01 Ocak 2025&#8217;teki 4,14 TL seviyesinden y\u0131l sonunda 9,59 TL&#8217;ye y\u00fckselerek %132 de\u011fer kazanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Piyasa De\u011feri:<\/b> 31 Aral\u0131k 2025 itibar\u0131yla 86.310.000.000 TL.<\/li>\n<li><b>Kat\u0131l\u0131m Endeksi:<\/b> \u015eirket paylar\u0131 01.10.2025 \u2013 30.04.2026 d\u00f6nemi i\u00e7in BIST Kat\u0131l\u0131m endekslerinden \u00e7\u0131kar\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>Pay Geri Al\u0131m Programlar\u0131<\/h3>\n<p>\u015eirket, hisse fiyat\u0131n\u0131n ger\u00e7ek performans\u0131 yans\u0131tmad\u0131\u011f\u0131 gerek\u00e7esiyle 2025 y\u0131l\u0131nda yo\u011fun bir geri al\u0131m program\u0131 uygulam\u0131\u015ft\u0131r:<\/p>\n<ul>\n<li>Y\u0131l sonu itibar\u0131yla geri al\u0131nan toplam ENERY pay\u0131: <b>308.314.030 adet<\/b>.<\/li>\n<li>Geri al\u0131nan paylar\u0131n sermayeye oran\u0131: <b>%3,4257<\/b>.<\/li>\n<li>Geri al\u0131mlar i\u00e7in kullan\u0131lan toplam fon miktar\u0131 yakla\u015f\u0131k 3 milyar TL&#8217;ye yakla\u015fm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>6. Kurumsal Y\u00f6netim ve S\u00fcrd\u00fcr\u00fclebilirlik<\/h2>\n<ul>\n<li><b>S\u00fcrd\u00fcr\u00fclebilirlik Komitesi:<\/b> 06.03.2025 tarihinde \u00c7SY (\u00c7evresel, Sosyal ve Kurumsal Y\u00f6netim) stratejilerini belirlemek \u00fczere kurulmu\u015f ve ilk toplant\u0131s\u0131n\u0131 03.09.2025&#8217;te yapm\u0131\u015ft\u0131r.<\/li>\n<li><b>Ba\u011f\u0131ms\u0131z Denetim:<\/b> 2025 y\u0131l\u0131 hesap d\u00f6nemi finansal raporlar\u0131 ve s\u00fcrd\u00fcr\u00fclebilirlik raporlar\u0131 i\u00e7in &#8220;Finansal Eksen Ba\u011f\u0131ms\u0131z Denetim ve Dan\u0131\u015fmanl\u0131k A.\u015e.&#8221; yetkilendirilmi\u015ftir.<\/li>\n<li><b>Ba\u011f\u0131\u015flar:<\/b> 2025 y\u0131l\u0131 i\u00e7erisinde e\u011fitim, spor ve sosyal sorumluluk kapsam\u0131nda toplam 5.416.262 TL ba\u011f\u0131\u015f yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>K\u00e2r Pay\u0131 Da\u011f\u0131t\u0131m\u0131:<\/b> 2024 y\u0131l\u0131 k\u00e2r\u0131ndan 11 A\u011fustos 2025 tarihinde br\u00fct 100.000.000 TL nakit temett\u00fc da\u011f\u0131t\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"2203\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Enerya Enerji, 2025 y\u0131l\u0131n\u0131 finansal rekorlar ve madencilik sekt\u00f6r\u00fcndeki dev ke\u015fiflerle kapatt\u0131. \u015eirket, 105,9 milyar TL\u2019ye ula\u015fan aktif b\u00fcy\u00fckl\u00fc\u011f\u00fc ve 1,8 milyondan fazla aktif do\u011fal gaz abonesiyle T\u00fcrkiye enerji piyasas\u0131ndaki liderli\u011fini peki\u015ftirdi<br \/>\n. Ahlatc\u0131 Alt\u0131n \u0130\u015fletmeleri ile alt\u0131n madencili\u011finde 927 bin onsluk potansiyele odaklanan ve borsada %132 de\u011fer kazanan Enerya\u2019n\u0131n yat\u0131r\u0131mc\u0131lar i\u00e7in sundu\u011fu 2025 analizlerini yaz\u0131m\u0131zda bulabilirsiniz<br \/>\n.<\/p>\n","protected":false},"author":6,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[318],"class_list":["post-2203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-enery"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2203"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2203\/revisions"}],"predecessor-version":[{"id":2204,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2203\/revisions\/2204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}